The crypto market rarely makes huge moves nowadays. Most of the time it just trades in a range with random spikes, every now and then. However, this environment is actually an opportunity for long-term investors to take positions in good cryptos. That’s because with all the infrastructure being set up for institutional investors, it is clear that 2019 could be the year when institutional money flows into crypto. This could lead to a bull run that is unprecedented in the history of this market. Some of the cryptos that have a real chance at growth in 2019 are XRP (XRP), Dogecoin (DOGE) and Zilliqa (ZIL).
With all the partnerships and connections that ripple has developed so far, it is logical to expect that at some point, something will give. Even the retail segment of this market is quite huge, backed by a very vibrant XRP community. Once banks start using XRapid, as is expected to happen between now and the end of the year, XRP could have one of the biggest bull runs in crypto history. Unlike in 2017, XRapid is now live, and the whole idea of ripplenet is well understood in the finance industry. That’s why adoption rate is gaining momentum. As such, this could emerge as one of the best performers in 2019, and a highly undervalued crypto at current prices.
Dogecoin (DOGE) is an interesting coin. In the last few months, Dogecoin (DOGE) has outperformed the market, to the surprise of most investors. Dogecoin’s core strengths are its community, and its use case in sending value of the internet. Dogecoin’s strength as a transactional currency is evident in its transactional volumes, which are some of the highest in crypto space. Going into 2019, Dogecoin’s position in the market will continue to strengthen. Prove to this is its latest addition as one of the cryptocurrencies that can be used as collateral for crypto loans on the salt blockchain. These are use cases that will add weigh to Dogecoin going into 2019 and beyond. In coming quarters, Dogecoin (DOGE) could make it into the top 10.
Zilliqa (ZIL) is one project that doesn’t get lots of media attention, but one that is primed for major gains in 2019. One of its biggest achievements is solving the problem of scalability using Sharding. This is a big deal because it will open up the Zilliqa blockchain for adoption in the development of high-level decentralized applications, something that most blockchains are unable to do, due to the issue of scalability. Most importantly, the Zilliqa (ZIL) mainnet will be launched in early 2019. Once this is done, Zilliqa could see an explosion of Dapps and this will significantly drive up its value. Zilliqa is also supported by the fact that it has one of the best teams in crypto. The Zilliqa team is not just good at the technical aspects of the project, but in marketing as well. Currently, they are making in-roads in Europe and it is working quite well so far.